Shares of Atkore Inc (NYSE:ATKR) rose sharply in pre-market trading, after the company posted upbeat third-quarter results and agreed to be acquired by Prysmian for $95.00 per share in all-cash deal.

Atkore reported quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.56 per share. The company reported quarterly sales of $794.800 million which beat the analyst consensus estimate of $761.233 million.

Atkore shares jumped 26.1% to $92.00 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

• Universe Pharmaceuticals Inc (NASDAQ:UPC) gained 214.2% to $9.93 in pre-market trading after declining 9% on Friday.
• AiRWA Inc (NASDAQ:YYAI) rose 73.3% to $0.21 in pre-market trading after dipping 29% on Friday.
• Reitar Logtech Holdings Ltd (NASDAQ:RITR) rose 69.3% to $0.097 in pre-market trading after declining 8% on Friday.
• Focus Universal Inc (NASDAQ:FCUV) rose 53.3% to $17.79 in pre-market trading. Focus Universal shares jumped 517% on Friday after the company announced the launch of its Deterministic AI Forms Auto-Populate Engine, an enterprise document platform designed to transform repetitive manual document processing into fully autonomous electronic workflows.
• Singularity Future Technology Ltd (NASDAQ:SGLY) shares rose 35% to $7.06 in pre-market trading after gaining 13% on Friday.
• FingerMotion Inc (NASDAQ:FNGR) gained 28.6% to $0.35 in pre-market trading after rising 14% on Friday.
• Alarum Technologies Ltd – ADR (NASDAQ:ALAR) rose 12.5% to $1.89 in pre-market trading.
• Ferguson Enterprises Inc (NYSE:FERG) gained 8% to $253.00 in pre-market trading. Ferguson Enterprises will replace Electronic Arts in the S&P 500 effective prior to the opening of trading on Aug. 5.
• Bristol-Myers Squibb Co (NYSE:BMY) rose 7% to $69.75 in pre-market trading. AstraZeneca Plc (NASDAQ:AZN) is reportedly in discussions with Bristol Myers Squibb to merge, potentially forming a pharmaceutical giant valued at nearly $400 billion.

Losers

• Kandal M Venture Ltd (NASDAQ:FMFC) tumbled 40.3% to $0.31 in pre-market trading after surging 141% on Friday.
• PowerCompute Inc (NASDAQ:PWCM) fell 29.8% to $1.49 in pre-market trading after gaining 10% on Friday.
• Site Centers Corp (NYSE:SITC) fell 23.2% to $3.29 in pre-market trading.
• JIADE Ltd (NASDAQ:JDZG) declined 26.6% to $4.41 in pre-market trading after dipping 88% on Friday.
• Mangoceuticals Inc (NASDAQ:MGRX) fell 22.8% to $0.43 in pre-market trading after jumping 90% on Friday. The company recently announced a definitive business combination with Nuclea Energy Inc., a developer of the Morpheus lead-cooled microreactor.
• Inno Holdings Inc (NASDAQ:INHD) fell 22.4% to $13.97 in pre-market trading after dipping 54% on Friday.
• Masonglory Ltd (NASDAQ:MSGY) fell 19.7% to $0.24 in pre-market trading after declining 9% on Friday.
• Addentax Group Corp (NASDAQ:ATXG) fell 17.5% to $2.91 in pre-market trading.
• Apnimed Inc (NASDAQ:APMD) fell 9.4% to $22.68 in pre-market trading after surging 56% on Friday.
• Alvotech SA (NASDAQ:ALVO) fell 7.3 to $3.82 in pre-market trading after gaining 15% on Friday. The company, last week, announced the FDA has closed its inspection of its Reykjavik manufacturing facility, classifying the site as Voluntary Action Indicated.

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.